Commonwealth Repealed Acts
[Index]
[Table]
[Search]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
This legislation has been repealed.
CORPORATIONS LAW
- SECT 921
Excluded persons
- (1)
- In this Part,
excluded person , in relation to a member of a
participating exchange, means:
- (a)
- in any
casethe member;
- (b)
- if the member is a member
organisation of the participating exchange and is not a body corporate:
- (i)
- a person
who is the spouse, or who is a relative, of the
member;
- (ii)
- a trustee of a trust in
relation to which the member or a person of a kind referred to in subparagraph
(i) is capable of benefiting;
or
- (iii)
- a body corporate of
which the member is an officer, or in which the member or a person of a kind
referred to in subparagraph (i) has, or the member and such a person, the
member and 2 or more such persons, or 2 or more such persons, together have, a
controlling interest;
- (c)
- if the member is a member
organisation of the participating exchange and is a body corporate:
- (i)
- a person
who is an officer of the body
corporate;
- (ii)
- a body corporate that is
related to the first-mentioned body
corporate;
- (iii)
- a person who is the
spouse, or who is a relative, of a person of a kind referred to in
subparagraph (i);
- (iv)
- a trustee of a trust in
relation to which a person of a kind referred to in subparagraph (i) or (iii)
is capable of benefiting;
or
- (v)
- a body corporate in which
a person of a kind referred to in subparagraph
- (i)
- or (iii) has, or 2 or more
such persons together have, a controlling interest;
- (d)
- if the member is a partner
in a member organisation of the participating exchange and is not a body
corporate:
- (i)
- a person
who is a partner in the member
organisation;
- (ii)
- a person who is the
spouse, or who is a relative, of a partner (not being a body corporate) in the
member organisation;
- (iii)
- a trustee of a trust in
relation to which a person of a kind referred to in subparagraph (i) or (ii)
is capable of benefiting;
- (iv)
- a person who is an
officer of a body corporate that is a partner in the member organisation;
or
- (v)
- a body corporate of which
a person of a kind referred to in subparagraph (i), (ii) or (iii) is an
officer, or in which such a person has, or 2 or more such persons together
have, a controlling interest; or
- (e)
- if the member is a partner
in a member organisation of the participating exchange and is a body
corporate:
- (i)
- a person
who is an officer of a body corporate that is a partner in the member
organisation;
- (ii)
- a body corporate that is
related to the first-mentioned body
corporate;
- (iii)
- a person who is a
partner in the member
organisation;
- (iv)
- a person who is the
spouse, or who is a relative, of a person (other than a body corporate) of a
kind referred to in subparagraph (i) or
(iii);
- (v)
- a trustee of a trust in
relation to which a person of a kind referred to in subparagraph (i), (iii) or
(iv) is capable of benefiting;
or
- (vi)
- a body corporate in which
a person of a kind referred to in subparagraph (i), (iii) or (iv) has, or 2 or
more such persons together have, a controlling interest.
- (2)
- A reference
in subsection (1) to a relative of a person includes a reference to a relative
of the spouse (if any) of the person.
- (3)
- A reference in subsection
(1) to an officer of a body corporate is a reference to:
- (a)
- a director,
secretary or executive officer of the body corporate;
or
- (b)
- a person who is an officer
of the body corporate by virtue of paragraph (b), (c), (d) or (e) of the
definition of officer in section 9.
[Index]
[Table]
[Search]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]